A proposal to make landlords’ tax breaks contingent on rent limits has drawn industry pushback, progressive applause and some alternative approaches.
Category: United States Economy
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No Taxes on Tips? A Trump Idea Gains Ground.
The sudden popularity of exempting tips from taxes is a reminder of the improvisational nature of economic policymaking under Donald Trump.
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No Taxes on Tips? A Trump Idea Gains Ground.
The sudden popularity of exempting tips from taxes is a reminder of the improvisational nature of economic policymaking under Donald Trump.
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Trump-Vance Administration Could Herald New Era for Dollar
Both candidates on the Republican ticket have argued that the U.S. currency should be weaker to support American exports.
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I.M.F. Sees Signs of Cooling in U.S. Economy
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
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Oil Companies are Thriving as the World Pushes for Clean Energy
High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.
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Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing
Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.
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Biden Policies Offer Benefits, but Little Political Payoff, in Pennsylvania
As inflation worries dominate, the Biden administration is struggling to take credit for infrastructure and industrial policy in the battleground state.
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Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues
The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.
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JPMorgan and Wells Fargo Earnings Show Toll of Inflation
JPMorgan and Wells Fargo reported that overall deposits dropped. At Wells Fargo, a core measure of profitability sank.
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Fresh inflation data is expected to show continued cooling.
The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.